2015-02-12T10:21:45-06:00 2014-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2013-07-01 042271070 BOSTON ARCHITECTURAL COLLEGE BOST 6172625000 320 NEWBURY STREET BOSTON MA 02115 DR JULIA HALEVY PROVOST 6172625000 2015-02-10 1 EDWARD S BUISER P01258774 6174711120 2015-02-10 2013 2016-02-25 16:41:14Z DR JULIA HALEVY 320 NEWBURY ST BOSTON MA 02115 19883933 0 X WWW.THE-BAC.EDU X 1889 MA HIGHER EDUCATION 18 18 779 120 0 0 1219074 1444868 17636551 17680844 347009 456183 148121 183017 19350755 19764912 340035 296469 0 0 11653909 11891546 0 0 104960 7075272 7320882 19069216 19508897 281539 256015 36258958 37103226 19447087 18931096 16811871 18172130 THE BAC IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 0 0 15293928 296469 17680844 THE BAC IS COMMITTED TO PROVIDE EXCELLENCE IN DESIGN EDUCATION GROUNDED IN PRACTICE AND ACCESSIBLE TO DIVERSE COMMUNITIES. 15293928 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 71 0 1 779 1 0 0 0 0 1 1 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 MA X X KATHLEEN ROOD VP FOR FINANCE & ADMIN 6172625000 320 NEWBURY STREET BOSTON MA 02115 DANA C ROWAN VICE CHAIR 1.00 X X 0 0 0 ROBERT ABROWN AIA IIDA ELECTED TRUSTEE 1.00 X 0 0 0 CATHY EDGERLY ELECTED TRUSTEE 1.00 X 0 0 0 STEPHEN BELL AIA ELECTED TRUSTEE 1.00 X 0 0 0 CHRISTINE ARAUJO ELECTED TRUSTEE 1.00 X 0 0 0 JAY PHILOMENA IIDA ELECTED TRUSTEE 1.00 X 0 0 0 CAROLE C WEDGE FAIA LEED AP ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD FITZGERALD ELECTED TRUSTEE 1.00 X 0 0 0 ARTHUR HURLEY III ELECTED TRUSTEE 1.00 X 0 0 0 PETER GAINES CLU CHFC CRPC ELECTED TRUSTEE 1.00 X 0 0 0 NEAL B GLICK ESQ ELECTED TRUSTEE 1.00 X 0 0 0 STEVEN F MCDONALD ELECTED TRUSTEE 1.00 X 0 0 0 MICHAEL G MORRIS ESQ ELECTED TRUSTEE 1.00 X 0 0 0 CYNTHIA W SMITH FASLA CLARB ELECTED TRUSTEE 1.00 X 0 0 0 BARBARA SMITH-BACON ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD J SNYDER ELECTED TRUSTEE 1.00 X 0 0 0 RICHARD LMARTINI AIA ELECTED TRUSTEE 1.00 X 0 0 0 CHAD J DAGRACA CPA BOARD TREASURER 1.00 X X 0 0 0 WILLIAM L PARKER ESQ BOARD SECRETARY 1.00 X X 0 0 0 MARC W PELLETIER BOARD CHAIR 1.00 X X 0 0 0 KATHLEEN C ROOD VP FINANCE & ADMININISTRATION 40.00 X 123684 0 18879 DR THEODORE C LANDSMARK ME PRESIDENT 40.00 X 227541 0 10443 DRJULIA HALEVY PROVOST 40.00 X 171982 0 19428 KAREN MUNCASTER VP OF PROFESSIONAL & CONTINUING EDU 40.00 X 151091 0 598 CRANDON GUSTAFSON HEAD, SCHOOL OF DESIGN STUDIES 40.00 X 116408 0 18757 LEN CHARNEY HEAD, PRACTICE DEPARTMENT 40.00 X 102752 0 27766 STEVEN OGAWA HEAD, IT OPERATIONS 40.00 X 104592 0 1248 DIANA RAMIREZ-JASSO DEAN, GRADUATE STUDIES 40.00 X 118282 0 498 JAMES T DUNN FORMER EXECUTIVE VP 40.00 X 170364 0 17860 1286696 0 115477 9 1 1 0 VALLEYCREST LANDSCAPE DEVELOPERS 17 ELECTRIC AVE BRIGHTON MA 02135 CONSTRUCTION 747306 COMMODORE BUILDERS 80 BRIDGE ST NEWTON MA 02458 CONSTRUCTION 548054 LONGWOOD SECURITY NEWBURY ST BOSTON MA 02115 SECURITY 248102 CLEARY ELEVATOR 47 INTERVALE STREET QUINCY MA 02169 CONSTRUCTION 199236 SELBERT PERKINS DESIGN 5 WATER STREET ARLINGTON MA 02476 DESIGN 172139 5 10375 1434493 1444868 TUITION AND FEES 611600 17680844 17680844 17680844 456183 456183 147000 74419 72581 72581 72581 154175 10375 44602 109573 109573 MISCELLANEOUS 611600 863 863 863 19764912 17680844 0 639200 296469 296469 723515 200086 523429 9446521 7924017 1468604 53900 7402 5950 1452 859133 692389 161648 5096 854975 722092 128374 4509 73457 73457 46662 46662 437239 189576 247612 51 410071 302476 107595 754495 309171 439093 6231 302587 94260 208327 1803989 1508700 295289 232555 197816 34732 7 196503 159472 36975 56 740476 739773 703 1451501 1378898 72603 125581 121118 4463 PROGRAM DEVELOPMENT 307550 248696 58854 PRINTING 268048 107695 125243 35110 MISCELLANEOUS 77927 34027 43900 TEMPORARY HELP 59437 53889 5548 32804 7358 25446 19508897 15293928 4110009 104960 1384209 956212 2750684 3592562 2247 29821 136402 881957 151741 176596 37506663 15484573 22619042 22022090 8077186 8350134 1137447 1093854 36258958 37103226 1629668 1530465 904453 886489 16884309 16514142 28657 0 19447087 18931096 X 10137239 9828138 3473646 5108839 3200986 3235153 16811871 18172130 36258958 37103226 256015 1104244 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 87230 X X 0 9503674 35916 1523829 352444 10710975 8673793 83860 1134950 388929 9503674 8687621 85447 210980 310255 8673793 7536798 17754 1445030 311961 8687621 6733239 269889 849622 315952 7536798 0.28270 0.27810 0.43920 0 0 4077483 4077483 22729325 7561378 15167947 2728514 2693648 34866 6252408 5229547 1022861 1718933 1718933 22022090 X 20947918 1104244 78762 1183006 19764912 0 19764912 19587659 78762 78762 19508897 0 19508897 PART III, LINE 4: HISTORICAL SAMPLES SERVES AS EXAMPLES OF DESIGN FOR OUR STUDENTS. COLLECTION INCLUDES EXAMPLES OF UNIQUE PIECES OF SCULPTURE, ART AND FURNISHINGS. PART V, LINE 4: MAINLY RESTRICTED FOR SCHOLARSHIPS AND AWARDS. PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AS PRACTICED IN THE UNITED STATES OF AMERICA, REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A, MORE LIKELY THAN NOT, SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. INTEREST AND PENALTIES, IF ANY, RELATED TO ASSESSMENTS BY TAX AUTHORITIES WILL BE CLASSIFIED AS A COMPONENT OF INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY, IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. A TAX POSITION MAY BE CONSIDERED AS TAKEN ANY TIME A TAXPAYER CHOOSES AMONGST ALTERNATIVES THAT AFFECT THE AMOUNT OF THEIR TAX OBLIGATIONS AND INCLUDE FOR EXAMPLE: TAX EXEMPT STATUS; STATUS OF A PASS-THROUGH ENTITY (S CORPORATIONS); DECISIONS MADE IN THE PROCESS OF CONFORMING WITH TAX LAWS; DECISIONS NOT TO FILE IN CERTAIN JURISDICTIONS; ALLOCATION OF INCOME BETWEEN JURISDICTIONS; AND THE CHARACTERIZATION OF INCOME OR EXPENSES. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE COLLEGE HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. SINCE THE CONTINUANCE OF THIS STATUS IS BASED UPON CONTINUING QUALIFICATION, THE COLLEGE HAS IDENTIFIED THIS AS A TAX POSITION. HOWEVER, IT HAS DETERMINED THAT THIS TAX POSITION MEETS, MORE LIKELY THAN NOT, SUSTAINABILITY AND DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 44,602. RENTAL EXPENSES 74,419. FINANCIAL AID ADDED BACK FOR TAX -40,259. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 44,602. RENTAL EXPENSE 74,419. FINANCIAL AID ADDED BACK FOR TAX -40,259. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEDERAL AID FROM GOVERNMENTAL AGENCIES FOR SCHOLARSHIPS AND AWARDS FOR STUDENTS. 1 PAKISTAN 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 37651 MALTA 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 14410 0 0 0 0 0 0 52061 0 52061 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION DIDN'T PROVIDE ANY GRANTS OR OTHER ASSISTANCE OUTSIDE THE U.S. GALA 164550 10375 154175 32111 12491 164550 10375 154175 32111 12491 44602 109573 1 SCHOLARSHIPS AND FINANCIAL AID 137 296469 FMV PART I, LINE 2: THE VP OF FINANCE AND ADMINISTRATION STAFF OVERSEE THAT THE PROVISIONS OF THE GRANT ARE MET IN ACCORDANCE WITH GUIDELINES OR AGREEMENTS SET FORTH, WHETHER THAT'S USE OF DONOR, GOVERNMENT OR PRIVATE SOURCES. X X X X 1 0 0 0 0 0 0 0 0 DR THEODORE C LANDSMARK ME PRESIDENT 216541 0 0 0 11000 0 0 0 10443 0 237984 0 0 0 DRJULIA HALEVY PROVOST 160502 0 0 0 11480 0 0 0 19428 0 191410 0 0 0 KAREN MUNCASTER VP OF PROFESSIONAL & CONTINUING EDU 151091 0 0 0 0 0 0 0 598 0 151689 0 0 0 JAMES T DUNN FORMER EXECUTIVE VP 155364 0 0 0 15000 0 0 0 17860 0 188224 0 0 0 PART I, LINE 4A .JAMES DUNN RECEIVED 6 MONTHS OF SEVERANCE PAYMENTS EQUAL TO APPROXIMATELY $82,300 A MASSACHUSETTS DEVELOPMENT FINANCE AGENT 043431814 57583RHQ1 2006-12-21 12900091 ACQUISITION/RENOVATION OF 951 BOYLSTON STREET; REFUND OF NONPROFIT FIN. LOAN 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENT 043431814 NONEAVAIL 2012-03-19 5800000 ACQUISITION/RENOVATION OF 951 BOYLSTON STREET AND 320 NEWBURY STREET REFUND 0 0 0 A 12900091 806303 258000 814146 11021642 2008 0 0 1 1 B 3040251 5800000 116000 2643749 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 1 0 0 0 0 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENT DATE THE REBATE COMPUTATION WAS PERFORMED: 01/24/2014 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES HAS DIRECTED THE AUDIT COMMITTEE TO REVIEW THE FORM 990 ON ITS BEHALF AND UPON ITS SATISFACTION FORWARD IT FOR EXECUTION TO THE PRESIDENT. THE FULLY EXECUTED FORM 990 IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12 THE POLICY APPLIES TO ALL BAC TRUSTEES, OVERSEERS, DIRECTORS, MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS, OFFICERS, STAFF, FACULTY, WHETHER FULL-TIME, PART-TIME, OR VOLUNTEER, AND STUDENTS. THE POLICY ALSO EXTENDS TO COVERED INDIVIDUAL'S FAMILY MEMBERS AND ORGANIZATIONS WITH WHICH THEY ARE AFFILIATED. THE POLICY REQUIRES EACH TRUSTEE, OFFICER, SENIOR STAFF MEMBER, AND PROGRAM DIRECTOR TO FILE AN ANNUAL STATEMENT IN SUCH FORM AS THE BOARD REQUIRES. PAST PRACTICE HAS BEEN TO REQUIRE ONLY THE BOARD OF TRUSTEE MEMBERS TO SUBMIT A WRITTEN ANNUAL DISCLOSURE FORM. THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS WERE RECORDED AS COLLECTED FROM BOARD OF TRUSTEES MEMBERS FOR THE MAY 2013 ELECTED BOARD WITH THE EXCEPTION OF FIVE MEMBERS. THE FIVE MEMBERS WHO WERE NOT RECORDED AS HAVING COMPLETED DISCLOSURE STATEMENTS CAN LIKELY BE ATTRIBUTED TO INCOMPLETE RECORD KEEPING DUE TO THE RESIGNATION OF THE BOARD EXECUTIVE ASSISTANT DURING THE YEAR. A REPLACEMENT TO THIS POSITION HAS BEEN HIRED AND THE BAC IS CURRENTLY REVISING THE POLICY TO REQUIRE WRITTEN ANNUAL STATEMENTS FROM EACH OF THESE GROUPS AND TRACK AND DOCUMENT THE RESULTS. FORM 990, PART VI, SECTION B, LINE 15 FOR THE PRESIDENT'S SALARY, THE BENCHMARK WOULD BE THE CUPA INFORMATION ON COLLEGES AND UNIVERSITIES IN NEW ENGLAND OF SIMILAR SIZE. THOSE BENCHMARKS GREATLY EXCEED WHAT IS AFFORDABLE FOR THE BAC, THUS THE SALARY IS BASED UPON PERFORMANCE AND BUDGETARY CONSTRAINTS. THE COMPENSATION COMMITTEE ASSIGNED BY THE BOARD OF TRUSTEES FOR THE PURPOSE OF REVIEWING SALARY BENCHMARKS OF PEER INSTITUTES, DETERMINED THAT THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES WERE CONSISTENT WITH THESE BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGES IN THE PROCESS.